But Cal Fire did find a year ago that PG&E lines were the cause of several fires that killed at least 15 people and razed over 5,000 homes in the fall of 2017, including 12 cases where the utility was allegedly in violation of safety or maintenance procedures.
NextEra Energy had asked FERC to block the utility from amending or rejecting PPAs with energy providers, a move the company said PG&E will "undoubtedly" ask the bankruptcy court to take in order to reduce its financial obligations.
He has sued PG&E hoping to recoup the additional $400,000, but he's pessimistic that he'll collect anything now that the utility has filed for bankruptcy. He said he would give the public a chance to weigh in on the case in the future and set another hearing for Thursday.
Montali did not rule on any requests by PG&E, including approval for up to $5.5 billion in financing.
Assemblyman Jim Patterson says concerns about rate increases stemming from the bankruptcy should be kept in mind, since the PG&E also increased rates due to their 1999 bankruptcy filing. PG&E, California's largest power company, has been linked to a number of wildfires that have caused billions of dollars in damages and a significant number of casualties.
While the company's been cleared of fault for the deadliest of the wildfires that devastated California's wine country in 2017, investigators have tied PG&E's equipment to more than a dozen of the other fires and are looking at its power lines as a possible ignition source for the Camp Fire, which killed 86.
The courtroom was packed with attorneys for PG&E, wildfire victims and the company's creditors.
A series of devastating wildfires that killed more than 100 people and scorched hundreds of thousands of acres in California over the course of two years just brought one of America's largest utilities to its knees.
Gov. Gavin Newsom said in a statement that his administration will work to ensure that "Californians have access to safe, reliable and affordable service, that victims and employees are treated fairly, and that California continues to make forward progress on our climate change goals".
Legal experts said customers could also be hit with higher rates to help PG&E cover its costs.
Amanda Riddle, an attorney representing victims of a deadly 2015 wildfire, said that even before the bankruptcy filing, PG&E had stopped making settlement payments to her clients. He said PG&E needs to find a more sustainable way to deliver energy. It faces billions of dollars in potential damages from California wildfires.
PG&E's filing with the U.S. Bankruptcy Court of Northern California listed assets of $71.39 billion and liabilities of $51.69 billion, including the estimated $30 billion in liabilities it faces from wildfires in 2017 and 2018.
PG&E listed assets of $71.39 billion and liabilities of $51.69 billion as of September 30 in the voluntary Chapter 11 document filed in the U.S. Bankruptcy Court for the Northern District of California.
Pacific Gas and Electric Corp. had said the decision could come Tuesday. If approved, these funds would provide PG&E with necessary capital to effectively continue to operate during the Chapter 11 cases. The company stated in the filing that bankruptcy was the "only viable option".